Breakdown of fuel costs in South Africa for 2021Supplied content
Petrol users across South Africa are paying around R5 a litre more for fuel in May 2021 as compared to May 2020.
These increases come off the back of significant fuel price increases throughout the first few months of the year, which saw fuel reaching record highs in April. Although fuel prices dipped a little in May, the fuel price remains high, affecting all sectors of the economy.
Filling a 50-litre tank with petrol in South Africa costs almost R250 more in May 2021 than it did in May 2020. In May 2020, a litre of 93 octane petrol inland cost R12,22, while a litre of 95 octane petrol at coastal prices cost R11,52. These same fuels in May 2021 cost R17,01 a litre and R16,51 a litre respectively. This represents a 39% increase in 93 octane inland from 2020 prices, and a 43% increase for 95 octane at the coast. South Africa’s fuel price is comprised of many different elements, some of which make fuel in the countr
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